SOLUTION: Sherrie invested some money at 14% interest. Sherrie also invested $186
more than 2 times that amount at 10%. How much is invested at each rate if Sherrie receives $967.20
in in
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Sherrie invested some money at 14% interest. Sherrie also invested $186
more than 2 times that amount at 10%. How much is invested at each rate if Sherrie receives $967.20
in in
Log On
Question 1134217: Sherrie invested some money at 14% interest. Sherrie also invested $186
more than 2 times that amount at 10%. How much is invested at each rate if Sherrie receives $967.20
in interest after one year? (Round to two decimal places if necessary.)
You can put this solution on YOUR website! For simple interest:
----------------------------
----------------------------
(1)
and
(2)
Add (1) and (2)
and
(1)
(1)
and
and
--------------------------------
$2,790 invested @ 14%
$5,766 invested @ 10%
--------------------------------
check:
OK
OK